(FDIG) Fidelity Crypto Industry - Ratings and Ratios

The Fidelity® Crypto Industry and Digital Payments ETF (NASDAQ:FDIG) is designed to track the performance of companies involved in cryptocurrency, blockchain technology, and digital payments. The fund typically allocates at least 80% of its assets to equity securities and depositary receipts included in its underlying index, which reflects a global universe of businesses operating in these sectors. As a non-diversified fund, it may concentrate investments in a smaller number of securities, potentially amplifying both risks and returns.

FDIG provides exposure to a rapidly evolving sector, focusing on firms that engage in cryptocurrency mining, blockchain development, digital payment processing, and related technologies. The funds composition is designed to capture growth opportunities in the digital assets space while maintaining a global scope. Its portfolio includes companies across various market capitalizations, reflecting the diverse nature of the cryptocurrency and digital payments ecosystem.

Based on the provided data, FDIGs technical indicators suggest a bearish short-term outlook. The funds price of $28.05 is below its 20-day SMA of $32.33 and 50-day SMA of $33.80, indicating downward momentum. However, the 200-day SMA of $30.80 suggests that the fund is trading near its long-term average. The ATR of 1.48 signals moderate volatility, with potential price swings of 4-6% over the next month.

Over the next three months, FDIG is expected to remain sensitive to broader market sentiment toward cryptocurrency and digital assets. The funds AUM of $184.81M reflects moderate investor interest, which could grow if the sector gains momentum. Technical resistance levels near $33.80 and $32.33 may cap upside potential, while support around $28 could limit downside risks. Fundamental trends in blockchain adoption and digital payments innovation will likely influence the funds performance during this period.